Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
May 27th, 2015
Webcast Event
A large body of research now confirms the magnitude of the leakage problem in the U.S. retirement system. However, little has been done to investigate the behavioral drivers of leakage, especially cash-outs. This webcast covers the findings of fresh research conducted by Boston Research Technologies, offering revealing insights into job changer’s decisions about their retirement plan balances, particularly related to cash-outs, as well as their attitudes and behaviors towards portability (moving their retirement savings), such as leaving their balances in the former plan or rolling those assets over to their new plan or to an individual retirement account (IRA). The session concludes with practical and effective steps that all plan sponsors should take, given the risks and opportunities that the study reveals.  Read more >
Benefits & Administration
Short-Term Finances Trump Distant Needs
A study from the Center for Retirement Research at Boston College finds even the wealthiest segment of savers has trouble with long-term financial planning—implying automation and simplicity are the best approaches to promoting retirement readiness. The analysis concludes that Americans at all ages and income levels are short-sighted about their finances, substantially favoring short-term measures of financial fitness over longer-term measures. The researchers even suggest, based on the results, that Americans “on their own cannot be expected to devote much effort to addressing distant financial problems.”  Read more >
PLANSPONSOR Research
PLANSPONSOR’s 2015 DB Administration Survey
While the defined contribution (DC) plan industry races forward, 33 providers still tend to the flock of defined benefit (DB) plan sponsors and participants.  Read more >
Products, Deals & People
Brian C. Ford has joined asset management firm The TCW Group as a senior vice president for the institutional marketing team. In this role, he manages relationships with institutional clients in the mid-Atlantic region.Read more >
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